Gulf Drilling invested $20 million in Azerbaijan

Gulf Drilling invested $20 million in Azerbaijan
# 23 December 2008 16:33 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. Gulf Drilling Supply Fze (United Arab Emirates) has celebrated the first anniversary of Gulf Drilling Company Azerbaijan, a subsidiary in Azerbaijan.
Ilham Babayev, Director of Gulf Drilling Company Azerbaijan, spoke about the performance and achievements over the past year and plans for 2009-2012 at a ceremony in Baku.
According to him, $15 million has been spent on the procurement of equipment and tools.
Ilham Babayev noted that the company created about 300 jobs, and sent 100 employees abroad for training.
Gulf Drilling Company Azerbaijan has specialized in drilling oil and gas wells, workover, and introduction of new technology to improve oil and gas production.
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THE OPERATION IS BEING PERFORMED